Tencent Music Entertainment (TME) Change in Taxes (2021 - 2022)
Tencent Music Entertainment (TME) posted Change in Taxes of -$35.9 million for Q2 2022, down 159.21% sequentially from -$13.9 million in Q1 2022, and down 38.24% YoY from -$58.2 million in Q2 2021.
Tencent Music Entertainment (TME) Change in Taxes (2021 - 2022) Analysis & Trends
Tencent Music Entertainment has reported Change in Taxes for 2 years, with the latest figure at -$35.9 million in Q2 2022.
- Quarterly Change in Taxes fell 38.24% year-over-year to -$35.9 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was -$93.4 million (changed N/A YoY) and the FY2021 annual result came in at -$92.1 million, up 4.16% from the prior year.
- Change in Taxes eased to -$35.9 million in Q2 2022 per TME's latest filing, from -$13.9 million in the prior quarter.
- Over five years, Change in Taxes peaked at -$13.9 million in Q1 2022 and troughed at -$35.9 million in Q2 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 203.00 Mn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | - |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | -42.15 Mn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 61,216.00 |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 9.30 Bn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 26.85 Bn | 24.15 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -35.94 Mn |
| Jun 30, 2022 | -35.94 Mn |
| Mar 31, 2022 | -13.87 Mn |
| Mar 31, 2022 | -13.87 Mn |
| Jun 30, 2021 | -26.00 Mn |
| Jun 30, 2021 | -26.00 Mn |
| Mar 31, 2021 | -17.59 Mn |
| Mar 31, 2021 | -17.59 Mn |